OREANDA-NEWS. May 28, 2012. Klaipedos Nafta AB (hereinafter, the Company), following the decisions of the general meeting of shareholders of the Company held on 27 April 2012 to increase the authorised capital of the Company with additional contributions of shareholders, as well as the prospectus, approved by the Bank of Lithuania on 23 May 2012 (decision (certificate) on approval of the prospectus No. 241-20, hereinafter, the Prospectus), informs that shareholders of the Company, that at the close of the property rights record date of the general meeting of shareholders held on 27 April 2012 (i.e. at the close of 14 May 2012) owned shares issued by the Company, have the pre-emptive right to acquire newly issued shares pro rata to the par value of shares held by the shareholders and may exercise this pre-emptive right within 14 (fourteen) calendar days after the date of the relevant public announcement made by the administrator of the Register of Legal Entities of the Republic of Lithuania.

In order to acquire newly issued shares, shareholders of the Company are to sign the Company shares subscription agreement in any of the above-specified units of AB SEB bankas within the shares subscription period. AB SEB bankas is authorised to sign the Company shares subscription agreement on behalf of the Company.

The subscribed newly issued shares of the Company will have to be paid with monetary contributions; the subscribed shares of the Company must be fully paid up (the issue price must be paid in full) no later than by 24:00 (GMT+2) on 12 June 2012.

IMPORTANT NOTICE:

This notification is not for distribution to United States newswire services or for dissemination in the United States, Canada, Japan or Australia or elsewhere where such dissemination is not appropriate.

Distribution of this announcement and other information in connection with the offering of new shares of the Company may be restricted by law in certain jurisdictions. Persons into whose possession this announcement or such other information should come are required to inform themselves about and to observe any such restrictions.

No offer or invitation to acquire securities of the Company is being made by or in connection with this notification. Any such offer is made solely by means of the Prospectus and the Prospectus is the only legally binding document containing information on the Company and on the offering of the Company’s shares to current shareholders of the Company. The Prospectus is published through GlobeNewswire, the on-line information system of AB NASDAQ OMX Vilnius, and on the Company’s website www.oil.lt.

Furthermore, these shares of the Company being newly issued based on the decisions of shareholders of the Company of 27 April 2012 and on the Prospectus will be offered exclusively in the Republic of Lithuania and only to current shareholders of the Company in accordance with the Directive 2003/71/EC of the European Parliament and of the Council of 4 November 2003 on the prospectus to be published when securities are offered to the public or admitted to trading and amending Directive 2001/34/EC, as implemented in Lithuania.

Shares of the Company have not been and will not be registered under the US Securities Act of 1933, as amended, or according to any legal acts, regulating market of securities of the US states or of other jurisdictions of the US and may not be offered or sold in such jurisdictions, unless they would be registered in accordance with the applicable laws or in case the relevant exemptions of such registration would be applied. No public offering of the securities will be made in the US.